Merit Medical Systems, Inc. made slightly more money in the quarter ending June 30 than it did a year earlier.
The Salt Lake City-based manufacturer and marketer of disposable medical devices said quarterly net income was $6.4 million, up from $6.3 million last year. Both equate to about 15 cents per share.
Merit Medical's income was based on record revenues of $128.9 million, a 17% increase over the spring quarter in 2013. Revenues for the first six months of 2014 are up to $248 million, 16 percent more than a year earlier.
"The plan for product and sales force focus is clearly working, and we anticipate continued growth going forward," said Fred Lampropoulos, Merit Medical's chairman and chief executive.